MNB Int'l Reserves Rise EUR 2.23 bln in September

MNB

Photo by Adriana Iacob/Shutterstock.com

International reserves of the National Bank of Hungary (MNB) stood at EUR 38.74 bln at the end of September, up EUR 2.23 bln from a month earlier, state news wire MTI writes, citing data released by the central bank on Friday.

Stock of cash, deposits, and securities in the reserves rose EUR 2.3 bln to EUR 30.764 bln during the month.

The value of monetary gold in the reserves edged down EUR 54 million to EUR 5.166 bln.

MNB's international reserves were EUR 363 mln over their level at the end of 2021.

ADVERTISEMENT

Greece, Bulgaria, Romania, Hungary Agree to Nat Gas Vertical... Energy Trade

Greece, Bulgaria, Romania, Hungary Agree to Nat Gas Vertical...

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Home Loan Rates Climb Over 10% Residential

Home Loan Rates Climb Over 10%

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.